money as debt

Shiraz Dindar's picture

Written by Shiraz Dindar

Someone just created this change, and I thought I would join it and blog about this:

http://video.google.com/videoplay?docid=-9050474362583451279

It's a cartoon video which explains in clear, everyday english, how money has become literally, debt -- and shows how banks have engineered this system of oppression. In the end, it's so startlingly simple that it's downright shocking. Basically, banks print money out of thin air*, and then give out loans. People take the loans because they need money, use the money amongst each other, and everyone ends up owing the banks. Banks continue to print money, and money loses its value, hence inflation. So people need more money. It's a never ending cycling, that's downright demonic.

Check the video, it explains it better than I can:

http://video.google.com/videoplay?docid=-9050474362583451279

Shiraz

* the "out of thin air" part is the hard part to believe. You'd think there was some governance to it, and there is, but it's been slowly dissolved over the years due to the efforts of the banks, to the point now where it really is like printing money out of thin air, whereupon the banks run the government, not the other way around. The video explains how this has come to be.